Where is BTC heading?
Here's my bold opinion ๐
The weekly and daily chart suggests that price may have reached rock bottom, and upside movement is highly possible in the comming days or even weeks.
Why?
In the weekly chart, a bullish falling wedge has formed and price action is still moving within the pattern. It means, the buying pressure has weakened and the buy volume are accumulating.
Moreover, strong daily KDJ support is along the 75.6k to 77.1k zone. The bears were able to push way past the support zone, however the overwhelming buy orders were executed, hence a strong green candle skyrocket all the way up to 80k. This is a strong indication that the support zone is holding up.
Verdict, now is the best time to buy and stack tokens. DCA accordingly. See chart below๐
BTW, if you're looking for the next x1000 token, checkout PITBULL. You can get it via the binance web3 wallet.
